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  • 'Helicopter Ben' Was Prophetic in 2002 [View article]
    Just so we are on the same page, the FED is n.o.t. the Central Bank of the USA, it is a group of commercial/investment banks. Therefore the entire alphabet-soup of emergency programs coming out of the institution (and the Treasury), leading to a transer of assets and liabilities from one balance sheet to another, is nothing more or less than an optical illusion.
    Dec 22 06:52 am |Rating: 0 -1
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